Steel Dynamics SG&A decreased by 5.1% to $175.22M in Q1 2026 compared to the prior quarter. Year-over-year, this metric declined by 3.6%, from $181.81M to $175.22M. Over 4 years (FY 2021 to FY 2025), SG&A shows an upward trend with a 4.4% CAGR. This increase may warrant attention — for this metric, lower values are generally preferred.
Analysis
How to read this metric
Increases may indicate aggressive marketing or expansion, while decreases often reflect cost-cutting measures or improved corporate efficiency.
Detailed definition
The sum of all direct and indirect selling expenses and all general and administrative expenses of a company. This inclu...
Peer comparison
Used to assess the 'leaness' of a company's corporate structure relative to its peers.
selling_general_and_administrativeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $160.99M | $160.99M | $160.99M | $136.41M | $136.41M | $136.41M | $136.41M | $144.31M | $141.21M | $145.90M | $157.21M | $159.51M | $160.02M | $167.69M | $176.90M | $181.81M | $198.01M | $200.84M | $184.65M | $175.22M |
| QoQ Change | — | +0.0% | +0.0% | -15.3% | +0.0% | +0.0% | +0.0% | +5.8% | -2.1% | +3.3% | +7.8% | +1.5% | +0.3% | +4.8% | +5.5% | +2.8% | +8.9% | +1.4% | -8.1% | -5.1% |
| YoY Change | — | — | — | — | -15.3% | -15.3% | -15.3% | +5.8% | +3.5% | +7.0% | +15.2% | +10.5% | +13.3% | +14.9% | +12.5% | +14.0% | +23.7% | +19.8% | +4.4% | -3.6% |
Business Segments
| Segment | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 |
|---|---|---|---|---|---|---|---|---|
| Corporate And Other | $19.45M | $23.60M | $22.60M | $20.70M | $24.10M | $25.30M | $24.70M | $22.70M |
| Total | $136.41M | $144.31M | $141.21M | $145.90M | $157.21M | $159.51M | $160.02M | $167.69M |
Corporate And Other was previously reported and has since been discontinued or reclassified. Only currently active segments are shown in the chart.
SG&A at Other Companies
Frequently Asked Questions
- What is Steel Dynamics's sg&a?
- Steel Dynamics (STLD) reported sg&a of $175.22M in Q1 2026.
- How has Steel Dynamics's sg&a changed year-over-year?
- Steel Dynamics's sg&a decreased by 3.6% year-over-year, from $181.81M to $175.22M.
- What is the long-term trend for Steel Dynamics's sg&a?
- Over 4 years (2021 to 2025), Steel Dynamics's sg&a has grown at a 4.4% compound annual growth rate (CAGR), from $643.98M to $765.31M.
- What does sg&a mean?
- The day-to-day costs of running the business and marketing its products.